YOUR MORTGAGE EXPERT

CJ Winchester

Refinancing Your Home Loan

There have been a lot of great opportunities for refinancing in recent times, as mortgage rates have dropped significantly. As a result, you may have the opportunity to refinance and get a better rate that can reduce your payments and even the total amount you’ll end up paying when it’s all said and done.

With that said, you shouldn’t rush into refinancing. It’s not something you should take lightly, and you don’t want to accidentally lock yourself into a bad or worse situation. At the same time, you don’t want to drag your feet on getting the information. You need to talk to one of our experts who can give you guidance on whether there are options out there that are better than your current mortgage, and help you analyze what the mortgage rates may do in the future. That can help you to determine whether now is the time to move or you should wait for rates to drop farther.

Our team is experienced with refinancing, so they know the process. They can help you to find the best rates possible, so that you can reduce your payments and save money over the course of paying back the mortgage. If you don’t do your due diligence and look for the best rate, you may end up getting some improvement over your current mortgage while still leaving money on the table.

No matter how much of a break you’re getting, you want to make sure you have received all that you could have received.

In addition, you need to factor in the closing costs of refinancing. In some cases, a lower interest rate does not automatically mean that you will end up saving money on the whole deal. If the rate is not far enough below your current rate, the closing costs may offset any savings that you’ll see.

Keep in mind that even if a refinancing offer promises no closing costs, they will be factored in somewhere. The interest rates may be higher, or the closing costs may not be up front. Rest assured, though, that you’re not getting off with a completely free closing. It’s being made up for somewhere.

That doesn’t automatically mean that one of those deals isn’t right for you; it just means that you need to be aware of some of the tricks of the trade. We can help you out with that thanks to years of experience and expertise. We won’t automatically push you toward a certain refinancing offer or give you poor advice.

We take great pride in offering individualized customer service that can make a huge difference for you. That’s why we’ll take the time necessary to make sure that you get the best terms possible and to make sure that it is truly in your best interest to refinance.